Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Moody’s Investors Service raised on Tuesday its price band for crude oil in the medium term to $45-$65 per barrel from $40-$60 a barrel, as…
Saudi Arabia will keep its crude exports below 7 million bpd in April as it stays committed to draw down excess global inventories and boost…
The great oil and gas formations that U.S. shale drillers thrive on have reportedly been traced back to volcanic eruptions from the time of the…
As it had done in several consecutive monthly reports, OPEC lifted again on Wednesday its estimates for non-OPEC oil supply growth this year, but this…
Russian gas giant Gazprom plans to cut hundreds of jobs at its trading and export divisions abroad and move trader jobs to St. Petersburg, Reuters…
Ageing fields and high production costs dragged down China’s domestic crude oil production in January and February, on par with the lowest level on record…
Now that the downturn is over, oil majors are eager to show the market that they have adapted to generate more profits and return those…
The Baltimore City Council approved on Monday a bill to ban new or expanded crude oil terminals throughout Baltimore City, and if the mayor signs…
West Africa’s biggest fuel consumer Nigeria will start reducing the sulfur levels allowed in fuel imports in July 2018, a year after a July 2017…
Kazakhstan’s sovereign wealth fund has offered to Shell up to a 20 percent stake in KazMunayGas (KMG) in a bid raise the value of the…
As crisis-stricken Venezuela is struggling with a steep decline in its oil production, India’s average oil imports from the Latin American OPEC member have slumped…
Scientists and researchers have been trying to crack the fusion energy puzzle for decades. Fusion is the natural process that heats the Sun and all…
Soaring Permian oil production, increased pipeline takeaway capacity, and a port expansion to accommodate larger vessels position the Texas port of Corpus Christi to become…
In a shift of The Boring Company’s original concept of helping private car owners’ transportation, Elon Musk is now refocusing Hyperloop’s mission to prioritize pedestrians…
New York-based investment and holding company Signal Capital Management said on Monday that it had launched a cryptocurrency backed by oil and gas reserves in…
Iraq aims to reduce its oil product imports by 25 percent as it is seeking to refurbish and restart oil refineries after it expelled ISIS…
China’s push for cleaner air and fuel is driving an unprecedented demand for natural gas, and the United States is well-positioned to seize this opportunity…
A state-controlled Chinese firm has bought 36.2 percent in the unit of private company CEFC China Energy, through which CEFC is buying 14 percent in…
Tesla’s chief executive Elon Musk took to Twitter on Thursday to complain to U.S. President Donald Trump about the unfair trade rules on U.S. car…
Oil major Royal Dutch Shell halted gasoline production at its Convent, Louisiana, refinery between Thursday and Friday, Reuters reported on Friday, citing sources familiar with…